Hour Loop Q2 revenue rises 25% to $33.9 million; net income dips to $1.1 million
Hour Loop reported second-quarter 2026 results, with net revenue up 25% year over year to $33.9 million while net income fell slightly to $1.1 million. Gross margin narrowed to 52.9% from 57.2%, and cash used in operating activities rose to $3.6 million from $0.9 million. The company reaffirmed its full-year 2026 net revenue and net income guidance, which matters to shareholders because it signals no change to the outlook despite weaker margins and cash flow.
Key points
- Net revenues were $33.9 million, up from $27.1 million a year earlier; the company attributed the increase mainly to expanded inventory availability.
- Net income was $1.1 million, or $0.03 per diluted share, compared with $1.2 million, or $0.04 per diluted share, in the prior-year quarter.
- Gross margin fell to 52.9% from 57.2%, and cash used in operating activities was $3.6 million versus $0.9 million a year earlier.
- Full-year 2026 guidance was reaffirmed: net revenue of $143.0 million to $163.0 million and net income of $0.75 million to $1.5 million.
The filing
Written by AI on Nov 9, 2026, 11:44 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 11, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.